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20130113
20130121
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dan gallagher shares his ideas for reforming the dodd-frank financial regulation law. also talks about the commission's 2013 agenda. mr. gallagher was asked of the securities and exchange commission commissioner, appointed by president obama and took office in 2011. this was hosted by the u.s. chamber of commerce but it is just under an hour. >> good afternoon. thank you for joining us. i'm david hirschmann, president and ceo of capital markets compared is here at the u.s. chamber of commerce. our work was one over six years ago before the financial crisis because at the time on a bipartisan basis a group of folks that we had commissioned together told us that the financial regulatory structure served his country well for 75 years was no longer working. that it was out of date, that they were too many gaps, too many layers, and that somebody should get around doing financial regulatory reform before the next crisis. and shortly thereafter, a crisis did, in fact, happen. and the need for financial regulatory reform became even clear to the american people. i wish i could tell you that d
here to the chamber of commerce and dan gallagher on the financial regulatory system. president obama unveils his proposal for reducing gun valent earlier this afternoon, featuring an assault weapons ban, a ban on high capacity magazines and a method to close loopholes in the background check system. here are some of his remarks at first, it's time for congress to require a universal background check for anyone trying to buy a gun. [applause] the law already requires background checks to be wrong coming over the last 14 years, that has kept 1.5 million of them on the wrong people from getting their hands on a gun. but it's hard to enforce that law when as many as 40% of all gun purchases are conducted without a background check. it is not safe, it is not smart. it is not fair to responsible gun buyers or sellers. if you like to buy a gun, whether it is from a licensed dealer or private seller, you should be set at least have to show your not a felon or somebody legally prohibited from buying one. this is common sense. an overwhelming majority of americans agree with us on the need for
young men, dan and dave zimmerman. gabe is my transition buddy. he was a friend and we had a place where we put together the office of congressman gifford staff early on. he is a wonderful young man with such compassion and care. it is beyond words to think that he is no longer with us. his mother served for many years people who were disadvantaged in our community. it was gabe who was killed at that event on january 8. he died right beside me after being shot myself. i will never, ever forget the image of gabe dying by my side. i know for certain that his last action was to come and try to help us. to help congresswoman giffords and in doing that, he was shot. some of us here in congress meet regularly in the room that is named in his honor. every time i go to meetings, i remember this young man. his mother has been very active. particularly active since the tragedy in tucson. there was a magazine in a clip that 33 bullets. i know that we need to do something about it, and i know that emily wants to do something as well. we want to welcome emily nottingham to hear her testimony this aft
, league dan webster about the need for national catastrophic fund. i hope we can work toward that. meanwhile, i look forward toward helping my brothers and sisters in the northeast as they point the out. florida is no stranger to hurricanes and catastrophe, and i know the need is great and look forward to helping out. >> thank you very much. earlier as we've had our meeting where we've organized the committee, we talked about what the delight it is to have you on the committee, to bring not only your expertise from foreign affairs but also really your genuine service to the people of florida and south florida and we're delighted that you're here. >> i'm looking forward to not getting another call from rodney and mike. length of time. >> he called a bunch, and you understood why he was calling. you understood that. i thank the gentleman. dr. burgess? >> thank you. we have some familiarity with tropical storms as they impact our state in texas as well. i would say to the gentleman from florida, i spent some time myself up in new york visiting four hospitals early in december. i didn
be made extremely clear. asked if the size, prohibitions, my colleague at the board of governors come, dan cirillo has talked a little bit about that. i've only been up to him in terms of his responsibility to implement dodd-frank. she's been quite frank about the difficulty of doing so. i'm a little roulette game, just given a philosophical event to artificially engineer size. i do believe marcus will solve these problems if they make very clear what the rules are. but just to be honest with you, i have a hard time saying x is the size because i don't want to inhibit success. what i do want to prevent his fleecing the american taxpayer at risk. that's what government intermediates. they decide how much money they take and how much they spend we can dispute and argue about that constantly. to leap up into the taxpayer unlimited playability for bad decisions taken in the pursuit of an income statement driven mentality seems to be unjust and un-american and that's the statement that i'm making and we propose a simple solution for the market than impose discipline. you begin to see people sho
Search Results 0 to 4 of about 5